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Karl Corporation was organized on January 2, 2010. During 2012, Karl issued 20,000 shares at $24 per share, purchased 3,000 shares of treasury stock at

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Karl Corporation was organized on January 2, 2010. During 2012, Karl issued 20,000 shares at $24 per share, purchased 3,000 shares of treasury stock at $26 per share, and had net income of $300,000. What is the total amount of stockholders' equity at December 31. 2012

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